Avon, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Avon Neighborhoods Since 2000




Avon, IN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Avon Housing Market Information

With 16,451 people, 5,022 houses or apartments, and a median cost of homes of $177,816, Avon real estate is some of the most expensive in Indiana, although Avon home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Avon, accounting for 78.62% of the town's housing units. Other types of housing that are prevalent in Avon include large apartment complexes or high rise apartments ( 9.83%), mobile homes or trailers ( 4.49%), and a few row houses and other attached homes ( 3.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Avon. Owner-occupied housing accounts for 84.77% of Avon's homes, and 70.80% have either three or four bedrooms, which is average sized relative to America.

Avon homes and real estate are some of the newest in America. 53.48% of Avon's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Avon real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.03%), and between 1940-1969 ( 2.21%).

Avon Home Appreciation Rates

Appreciation rates for homes in Avon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.84%, which ranks in the top 40% nationwide. This equates to an annual average Avon house appreciation rate of 0.47%.

NeighborhoodScout's data show that during the latest twelve months, Avon's appreciation rate, at 4.33%, has been at or slightly above the national average. In the latest quarter, Avon's appreciation rate has been -0.60%, which annualizes to a rate of -2.40%.

Notably, Avon's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Indiana, our data show that Avon's latest annual appreciation rate is higher than 60% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$177,816

Avon, IN HOME PRICES

Value Range
> $1,109,000 0.6
$832,001 - $1,109,000 0.1
$554,001 - $832,000 1.0
$443,001 - $554,000 1.4
$333,001 - $443,000 8.3
$222,001 - $333,000 21.0
$111,001 - $222,000 60.6
$56,001 - $111,000 3.3
$0 - $56,000 3.6

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
38.860893003633 12.89592760181

Number Of Homes And Apartments:
5,022

Avon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
13.58% 0.74% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,328 / per month

Homeownership Rate

Homeownership
Owners 84.77
Renters 15.23
Vacant 9.09

Housing Market Details

 

Age of Homes

AGE OF Avon HOMES
2000 or Newer 53.5
1970 - 1999 44.0
1940 - 1969 2.2
1939 or Older 0.3

Types of Homes

TYPE OF Avon HOMES
Single-Family 78.6
Townhomes 3.8
Small Apt. Buildings 3.2
Apt. Complexes 9.8
Mobile Homes 4.5
Other 0.0

Home Size

SIZE OF Avon HOMES
No Bedroom 0.00
1 Bedroom 6.26
2 Bedrooms 13.00
3 Bedrooms 42.83
4 Bedrooms 27.97
5 or more bedrooms 9.94